Tag Archives: News

As we’ve all noticed by now, bitcoin is surging like it never has in the last three years. The currency is presently trading for about $13,850, just under $14,000 which it allegedly hit a few days ago for a brief period, and many are expecting the currency to strike this level again before the year is out.Bitcoin Is Jumping AgainInvestors and analysts throughout the crypto space are wondering what could potentially be driving bitcoin to such high marks. There are many things out there that...

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar.The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken).The price is likely to continue lower towards the $0.0850 support or $0.0832 in the near term.Cardano price is gaining bearish momentum below $0.0950 against the US Dollar, similar to...

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

There is a new form of crypto fraud making its way throughout Hong Kong – one that has led to tens of millions of dollars being stolen.Hong Kong Is the Center of a New Kind of Crypto ScamThe idea of striking it rich in crypto has been around for some time. Unfortunately, many are so taken by this possibility that they are unable to see the red flags staring them in the face when they enter a new business venture. However, at the time of writing, the scam does not appear to be business or...

Harpreet Singh Sahni – a socialite from India – has admitted to being involved in a rather large cryptocurrency scam… One that’s cheated people out of roughly $50 million.Sahni Knowingly Took Part in a ScamAs of late, the world is witnessing its fair share of malicious crypto activity. Among the latest examples include a crypto scam that overtook the campaign website for current US President Donald Trump, who is presently up for re-election in about 24 hours.Malicious actors took over the...

With the presidential election happening so soon, many analysts and industry experts are wondering how solid bitcoin’s future will be. Each candidate represents a different outcome for the world’s number one digital currency. Many analysts believe that the economy will be considerably stronger under Donald Trump, which means that the price of BTC could potentially be slow to rise, while Biden is likely to bring falls in the stock market, which may give bitcoin a chance to spike faster.Will...

Stellar lumen price traded as low as $0.0745 and it is currently recovering against the US Dollar.XLM price is facing hurdles near $0.0800 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0782 on the 4-hours chart (data feed via Kraken).The pair could start a strong increase if there is a clear break above the $0.0800 resistance zone.Stellar lumen price is showing signs of a fresh increase above $0.0750 against the US...

Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...

With so many institutions working to get their fingers on bitcoin – which is turning out to be the asset of the century – it’s a wonder that larger companies aren’t working to do so as well. According to Raoul Pal – a former executive at Goldman Sachs – this is exactly what’s going to happen within five years, and large tech firms, such as Apple and Microsoft, will be investing in the world’s number one digital currency by market cap.Raoul Pal: In Five Years, Big Companies Will Want BTC2020...

With the U.S. presidential election coming up in just a few days, many are wondering which candidate is better for bitcoin, and whether bitcoin will spike or fall once the election results are announced. However, according to Jeff Dorman – chief investment officer at hedge fund Arca – the price of bitcoin doesn’t really care who wins and is likely to expand its horizons no matter who is declared the winner.Jeff Dorman: BTC Will Be in Good Shape No Matter WhatDorman has commented that the most...